Charts of the Week
Treasury Positions: Asset Managers vs. Hedge Funds
February 28, 2020
Asset managers hold their largest net position in 30-year bonds in over five years.
Asset managers hold their largest net position in 30-year bonds in over five years.
A look at foreign net sales and purchases of U.S. Treasuries, agencies, corporates and equities through December
Select charts from our recent posts
A look at real yields since 1800
Biden looks poised to win in South Carolina and turn the nomination process into a two-person race. Bloomberg has lost momentum.
An update of alternative data sources shows China is still far from resuming normal economic activity.
Today's topics include breaking down the stages of coronavirus, the fastest correction from peak on record, timing a rate cut, unwinding carry trades and the euro rally, crude oil supply/demand, record junk bond fund outflows, and the Economist cover story strikes again.
As COVID-19's growth rate fades in China, the government will be faced with the task of restarting its economy while remaining cautious enough to prevent further spreading the disease.
Given how quickly events are unfolding in the markets, we offer our thoughts on infection growth, the Fed's potential response, and the effects on Trump's bid for re-election.
Today's topics include COVID-19 continues to spread, a note on the uncertainty of COVID-19's economic impact, timing a rate cut, Goldman's bearish earnings outlook, discussing last week's EU budget negotiations, low volatility trades, the shift away from LIBOR, and the warning from Italy's financial markets.